Expeditors (EXPD) CIO exercises RSUs; 619 common shares now held
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EXPEDITORS INTERNATIONAL OF WASHINGTON INC Senior VP and CIO Courtney A. Hawkins reported compensation-related share activity tied to vesting equity awards. On May 6, 2026, 825 shares of common stock were acquired through exercises of restricted stock units and related dividend equivalent rights. Of these, 206 shares at $153.08 per share were withheld to satisfy tax obligations, a non-market disposition method, leaving 619 common shares held directly after the transactions. Hawkins continues to hold 1,632 restricted stock units and 19.894 dividend equivalent rights, each representing the economic equivalent of one common share, which also vested on May 6, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
825 shares exercised/converted
Mixed
5 txns
Insider
Hawkins Courtney A
Role
Senior VP - CIO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units - 2025 RSUs | 816 | $0.00 | -- |
| Exercise | Dividend Equivalent Rights - 2025 RSUs | 9 | $0.00 | -- |
| Exercise | Common Stock | 816 | $0.00 | -- |
| Exercise | Common Stock | 9 | $0.00 | -- |
| Tax Withholding | Common Stock | 206 | $153.08 | $32K |
Holdings After Transaction:
Restricted Stock Units - 2025 RSUs — 1,632 shares (Direct, null);
Dividend Equivalent Rights - 2025 RSUs — 19.894 shares (Direct, null);
Common Stock — 816 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 206 shares at $153.08
Shares acquired via exercises: 825 shares
Direct common shares after transactions: 619 shares
+3 more
6 metrics
Shares withheld for taxes
206 shares at $153.08
Tax-withholding disposition on May 6, 2026
Shares acquired via exercises
825 shares
Common stock from RSUs and dividend equivalents on May 6, 2026
Direct common shares after transactions
619 shares
Direct ownership following Form 4 transactions
Restricted Stock Units outstanding
1,632 RSUs
RSUs labeled 2025 RSUs remaining after reported activity
Dividend equivalent rights outstanding
19.894 rights
Dividend Equivalent Rights - 2025 RSUs after transactions
Transaction date
May 6, 2026
Date of all Form 4 reported transactions
Key Terms
Restricted Stock Units - 2025 RSUs, Dividend Equivalent Rights - 2025 RSUs, tax-withholding disposition, derivative exercise/conversion, +1 more
5 terms
Restricted Stock Units - 2025 RSUs financial
"security_title: Restricted Stock Units - 2025 RSUs"
Dividend Equivalent Rights - 2025 RSUs financial
"security_title: Dividend Equivalent Rights - 2025 RSUs"
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"transaction_action: derivative exercise/conversion"
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did EXPD executive Courtney A. Hawkins report on this Form 4?
Courtney A. Hawkins, Senior VP and CIO of Expeditors (EXPD), reported equity-compensation activity. RSUs and dividend equivalent rights vested into 825 common shares, with 206 shares withheld for taxes and 619 shares remaining directly owned after the transactions.
What Expeditors (EXPD) equity awards does Hawkins still hold after vesting?
Hawkins continues to hold 1,632 restricted stock units and 19.894 dividend equivalent rights. Each RSU and dividend equivalent right represents a contingent right to receive the economic equivalent of one Expeditors common share, according to the filing footnote.
Were Hawkins’ Expeditors (EXPD) transactions open-market buys or sales?
The Form 4 shows derivative exercises and tax withholding, not open-market trades. Code M entries reflect exercises of equity awards, while the F-coded transaction represents shares withheld to pay taxes on vesting, rather than discretionary market purchases or sales.